IFC's A$650 million 2015 Kangaroo tap includes A$250 million FRN [UPDATED]
- Tuesday, 14 December 2010
International Finance Corporation (IFC) (AAA/Aaa) priced an increase to its March 2015 Kangaroo line on December 15, including in the deal its first-ever floating rate Kangaroo tranche. The deal comprises A$400 million (US$397.8 million) of fixed rate paper as a tap to the existing line alongside A$250 million of floating rate notes (FRNs) of the same maturity.
